Subrata Panda

Move linked to alleged mis-selling of Credit Suisse AT1 bonds to NRIs; comes days after chairman Atanu Chakraborty's sudden resignation

Extension of Jagdishan's term to help: Brokerages

India's corporate bond market has seen subdued activity amid global uncertainty and rising yields, with issuers deferring borrowings and FY26 issuances trailing last year's levels

RBI clears the air on governance concerns; mcap falls ₹66,433 cr

HDFC Bank board may seek clarification from former chairman Atanu Chakraborty over concerns cited in his resignation letter amid questions on governance and management relations

Keki Mistry takes charge as interim chairman of HDFC Bank, assuring stakeholders on governance and integrity after Atanu Chakraborty's resignation

During an analyst call in the morning, Jagdishan said the best period of the bank will start now, with growth returning to pre-merger levels

Keki Mistry says board unaware of any governance concerns behind Atanu Chakraborty's exit; assures 'strong controls' and stable leadership

"Certain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal values and ethics", says Chakraborty

Move follows RBI approval and revised norms, allowing banks to fund NBFC subsidiaries; Axis Finance may list after becoming upper-layer NBFC

According to the latest data, BHIM currently holds a 0.86 per cent share of UPI transactions

EU regulator's demand to audit Indian central counterparties' books seen as extraterritorial

This is a short-term phenomenon; if the conflict prolongs it would have an adverse impact on remittances, sources said

NABARD and REC withdraw planned bond issuances worth Rs 11,000 crore after receiving limited bids at higher yields, reflecting cautious sentiment in the debt market

State Bank of India and MUFG Bank sign a strategic partnership to collaborate on M&A, aviation and real estate financing, supporting cross-border transactions

Additional payout raises total settlement to ₹645 crore after reconciliation of claims linked to a fraud involving a Haryana government account

RBI says banks can declare dividends based on capital adequacy levels, with payouts capped at 75 per cent of profit after tax and subject to CET1 buffers and supervisory conditions

RBI Deputy Governor Swaminathan J cautions that while digital lending and platform-based models expand financial access, weak credit underwriting could deepen borrower distress

Prolonged geopolitical tensions could pose headwinds

Rishi Gupta's return to office subject to NRC, board reassessment and RBI view